Manufacturing 2.0
Rock River Valley manufacturing experts discuss the many facets of manufacturing: technology, education, training, events, people and any other aspects of this important segment of our economy. They’ll use this blog to get the word out and solicit feedback on local and global manufacturing. They hope to better engage our employers, employees and our future work force and increase their understanding of manufacturing.

Rising from the Ashes-Where can Manufacturers Benefit from the Global Crisis?

October 8th, 2008 at 11:43am Bob Trojan

Saw this story in the U.K. Guardian…might provoke us to think of where we manufacturers might find some new business…

“Rising from the economic ashes Strangely, some businesses are set to profit from the global economic crisis. Can you add any more to our list?

These are bleak times and the climate of economic uncertainty is certainly not doing wonders for our morale. Some businesses, however, are benefiting from this unfortunate set of circumstances and probably welcome our economic demise with a big (if possibly guilty) smile.

We hear that sewing machine manufacturers are making profits as people learn to mend clothes rather than buy new ones, while home-made crafts are more popular than ever (and save money at Christmas). We would guess that cobblers are now happily busy, not to mention the bankruptcy advice agencies with booming workloads. On the cooking front, turnip growers are probably celebrating, and surely Tupperware will make a comeback in offices during lunch hours. What other businesses do you think could profit from the global economic crisis?”

So you see, not all is doom and gloom!

Entry Filed under: Economy

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